Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.

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Surge Energy Inc (Alberta) > Year end this week, expectations?

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Comment by zack50on Mar 05, 2022 6:39pm

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Post# 34487350

RE:Year end this week, expectations?

Binkie wrote: Wondering how those here that closely follow Surge expect the year end news release to impact sp and if you expect any nice surprises?

Binkie... in the past 5 trading days we have seen the share price of SGY rise from $7.18 to $8.46... an increase of $1.28 or 17.83%. The past 1-month rise is 27.41% and the shareprice is up 114.18% in the past 3-months... can't knock that.

I'm sure that plenty has been factored in to the price BUT I do think that the share price has a long way to go yet... and yes, I do believe a surprise is in the mix... with all the FCF in the storage chest I'm looking for a shareholder return, sooner rather than later.

In any case we will know on March 9th.

Cheers!

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